142 S El Molino Avenue, Pasadena, CA 91101

$2,525,000
6
BD
6
BA
5,103
SqFt
List Price
$2,525,000
Status
ACTIVE
MLS#
24413263
Year Built
1963
Bedrooms
6
Bathrooms
6
Living Sq. Ft
5,103
Lot Size
6,900
Acres
0.16
Days on Market
4
Property Type
Multifamily
Stories
Multi Level

Property Description

We are pleased to present for sale this fantastic 6-unit property in one of the best rental areas of Pasadena with excellent rental income. The Playhouse Village area boasts as a WALKER'S PARADISE with its close proximity to restaurants, retail and S. Lake Ave. The property features remodeled interiors, FULL copper plumbing and W/D inside units to name a few. Some units have updated windows, dishwashers, tank-less water heaters and stainless steel appliances. The unit mix consists of one, large 2 Bed + 2 bath unit; one 2 Bed + 1 bath unit; two 1 Bed + 1 bath units and 2 Studio + 1 bath units. The interiors offer sheik kitchen designs with newer cabinets and countertops, updated bathrooms and showers, wood flooring and newer Air Conditioners. Given their location and look these apartments have a very strong history of renting quickly and at top rents. There are six on-site, parking spaces with wall storage cabinets for tenants. The SOFT-STORY RETROFIT HAS BEEN COMPLETED and the property is equipped with a full sprinkler system. Separately metered for electricity and gas and each unit has their own water heater. ATTRACTIVE ASSUMABLE FINANCING AT 3.15% INTEREST. This can be purchase separately or together with the next door, 9 unit property at 664 Mira Monte Pl., MLS# 24-413665. A rare offering for one or two properties that have been well updated and meticulously managed by the ownership. PLEASE DO NOT DISTURB THE TENANTS.

Additional Information

Appliances
Dishwasher, Refrigerator, Dryer, Washer
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Attached Structure
Detached
Number Of Units Total
6

Listing courtesy of Listing Agent: Alexander Metaxas (ametaxas@riacre.com) from Listing Office: Realty Investment Advisors, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.